Financials Phoenix Media Investment (Holdings) Limited

Equities

2008

KYG706261255

Broadcasting

Market Closed - Hong Kong S.E. 01:39:00 03/05/2024 pm IST 5-day change 1st Jan Change
1.88 HKD +0.53% Intraday chart for Phoenix Media Investment (Holdings) Limited +5.03% -24.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,645 2,796 1,773 2,197 1,798 1,248
Enterprise Value (EV) 1 -97.93 -1,094 -164.6 538.7 209.6 -74.45
P/E ratio 15 x 22.8 x -1.71 x -4.81 x -4.7 x -4.82 x
Yield 1.37% - - - - -
Capitalization / Revenue 0.9 x 0.76 x 0.59 x 0.7 x 0.6 x 0.51 x
EV / Revenue -0.02 x -0.3 x -0.05 x 0.17 x 0.07 x -0.03 x
EV / EBITDA -0.74 x 2.27 x 0.5 x -1.18 x -1.32 x 0.33 x
EV / FCF -0.58 x -1.75 x 0.37 x 2.88 x 0.3 x 0.44 x
FCF Yield -174% -57.2% 268% 34.8% 330% 227%
Price to Book 0.67 x 0.52 x 0.4 x 0.54 x 0.53 x 0.39 x
Nbr of stocks (in thousands) 4,99,347 4,99,347 4,99,347 4,99,366 4,99,366 4,99,366
Reference price 2 7.300 5.600 3.550 4.400 3.600 2.500
Announcement Date 24/04/19 20/04/20 23/04/21 25/04/22 24/04/23 24/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,063 3,688 3,029 3,159 3,004 2,468
EBITDA 1 132.3 -482.2 -329.2 -458.4 -158.5 -224.4
EBIT 1 -62.69 -671.2 -488.1 -616.6 -282.5 -334.4
Operating Margin -1.54% -18.2% -16.11% -19.52% -9.41% -13.55%
Earnings before Tax (EBT) 1 778.1 836.7 -1,621 -541 -417.8 -318.3
Net income 1 243.8 122.7 -1,037 -456.2 -382.5 -259
Net margin 6% 3.33% -34.24% -14.44% -12.73% -10.49%
EPS 2 0.4880 0.2456 -2.077 -0.9140 -0.7660 -0.5186
Free Cash Flow 1 170.1 626.3 -441.4 187.3 692.6 -168.7
FCF margin 4.19% 16.98% -14.57% 5.93% 23.06% -6.84%
FCF Conversion (EBITDA) 128.56% - - - - -
FCF Conversion (Net income) 69.78% 510.58% - - - -
Dividend per Share 2 0.1000 - - - - -
Announcement Date 24/04/19 20/04/20 23/04/21 25/04/22 24/04/23 24/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -330.5
Net margin -
EPS 2 -0.6620
Dividend per Share -
Announcement Date 19/08/22
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3,743 3,891 1,937 1,659 1,588 1,323
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 170 626 -441 187 693 -169
ROE (net income / shareholders' equity) 7.46% 7.6% -22.2% -11.1% -9.09% -7.77%
ROA (Net income/ Total Assets) -0.37% -3.68% -2.86% -4.25% -2.21% -3%
Assets 1 -65,658 -3,337 36,229 10,735 17,334 8,625
Book Value Per Share 2 11.00 10.70 8.830 8.100 6.840 6.390
Cash Flow per Share 2 2.500 3.070 3.600 2.530 2.750 3.100
Capex 1 131 104 31.5 64.4 90.4 63.9
Capex / Sales 3.23% 2.83% 1.04% 2.04% 3.01% 2.59%
Announcement Date 24/04/19 20/04/20 23/04/21 25/04/22 24/04/23 24/04/24
1HKD in Million2HKD
Estimates
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